Dúo Luz Del Campo Group
Irma, a native of San Martín, is a member of this duo. She has two small children and makes a living selling lingerie and cosmetics. She thanks God she has her place in the municipal market of the town where she lives. She's happy she has the chance for a loan because she needs one right now.
She's requesting this small loan to buy lingerie and cosmetics because her customers have asked her for a greater variety of products.
Este dúo está integrado por la señora Irma quien es originaria de San Martin, tiene 2 hijos pequeños , ella se dedica a la venta de ropa interior y cosméticos, gracias a Dios tiene su local en el mercado municipal de la localidad donde ella vive, está contenta porque tiene la oportunidad de crédito ya que en estos momentos lo está necesitando, está solicitando este creditito para la compra de ropa interior y para la compra de cosméticos ya que sus clientes ha aumentado y le piden más variedad en productos.
About FAPEFAPE, the Foundation for the Assistance of Small Businesses, is a nonprofit, socially-minded institution that provides loans to micro-entrepreneurs across Guatemala.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid